Source
Central bank

Central Bank of Iraq

International Reserves

US$ 77,747 billion (Source: World Bank; Data updated: 2013)

Gross Domestic Product - GDP

US$ 248 billion (2014 estimate)

GDP (Purchasing Power Parity)

276 billion of International dollars (2014 estimate)

Real GDP growth
2005 2006 2007 2008 2009 2010 2011 2012
4.4% 10.2% 1.4% 6.6% 5.8% 5.5% 10.2% 10.3%
2013 2014*            
4.2% 5.9%            

*Estimate

GDP per capita - current prices

US$ 6,923 (2014 estimate)

GDP per capita - PPP

$7,703 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
N/A N/A N/A 0.26% 0.30%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 3.3% 
  • industry: 64.6% 
  • services: 32.1% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2010 2011 2012 2013 2014*
2.4% 5.6% 6.1% 1.9% 1.9%

*Estimate

Unemployment rate
2009 2010 2011 2012*
N/A N/A N/A(2009) N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
51.0% 39.1% 33.5% 31.3% 16.3%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-4.2% 4.7% 4.1% -5.9% -2.0%

*Estimate  

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$2 billion US$2.6 billion US$4 billion

2009 Estimate

Largest companies in Iraq

N/A

 
 
Source
Current account balance

US$ 2.483 billion (2014 estimate)(After 2008)

Current account balance by percentage of GDP

1% of GDP (2014 estimate)(2009)

Exports as percent of GDP(Exports of goods and services)

41.6% (2013)

(Data released on Oct 2014)

Shares in world total merchandising export

0.51%(2012)

(Data were released in March 2014)

Shares in world total commercial services export

0.06% (2012)(2007)

(Data were released in 2014)

Total exports

US$ 91.99 billion (2013 estimate) 

Export commodities

crude oil 84%, crude materials excluding fuels, food and live animals

Total imports

US$ 66.610 billion (2013 estimate) 

 
 
Source
Import commodities

food, medicine, manufactures

Exports - major partners

US 21.1%, India 20.2%, China 13.6%, South Korea 11%, Canada 4.7%, Italy 4.4%, Spain 4.2% (2012)

Imports - major partners

Turkey 27.5%, Syria 16.2%, China 12.5%, US 5.2%, South Korea 4.7% (2012)

FDI inflows
2011 2012 2013
US$ 2,082 million US$ 2,376 million US$ 2,852 million
FDI outflows
2011 2012 2013  
US$ 366 million US$ 448 million US$ 538 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
US$ 0 million US$ 0 million US$ -14 million US$ 8 million
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 151 out of 189 countries(2009) (2013)

Subcategories:

Starting a business: 169 out of 189 countries(2009)

Enforcing Contracts: 142 out of 189 countries

Registering Property: 108 out of 189 countries

Getting credit: 180 out of 189 countries

Protecting investors: 128 out of 189 countries

Trading across border: 179 out of 189 countries

Paying Taxes: 63 out of 189 countries

Dealing with Construction Permits: 20 out of 189 countries

Getting Electricity: 39 out of 189 countries

Resolving Insolvency: 189 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

N/A

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

N/A 

(100=totally free 0=totally repressed )

 
 
Source
Total area

438,317 km2 (2006)

Capital

Baghdad (2009)

Currency

New Iraqi dinars (NID) (2009)

Government type

parliamentary democracy (2009)

Languages

Arabic, Kurdish (official in Kurdish regions), Turkoman (a Turkish dialect), Assyrian (Neo-Aramaic), Armenian

Religions

Muslim 97% (Shia 60%-65%, Sunni 32%-37%), Christian or other 3%

Total population
1980 1990 2000 2012* 2017**
N/A N/A N/A 33.64 million 37.32 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
42.9% 65.5% 67.8% 66.5%
Population median age

18 years (2010)

Population growth rate

2.9% (2011)

Life expectancy

68 years (2010)

Adult literacy

78% (2005/2010)

% of population living on less than $2 a day

25.31% (2011)

Inequality of wealth distribution (Gini index)

30.86 (2007)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:5
Civil Liberties:6 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

83.61% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

5% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

Source
CO2 emissions(Metric tons of CO2 per capita)

3.5489 (Data were released in 2012 and refer to 2009)

World's Best Developed & Emerging Markets Banks

World's Best Banks By Region

World’s Best Foreign Exchange Providers

World's Best Banks

2013

Best of…

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Additional Awards